FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
Court addresses Exclusion 3(b) in light of improper vestment of title
|
Court Report
Tuesday, January 28, 2014
|
|
As a requirement for his lender to receive title insurance, a property owner was to receive title from a company he is associated with. This requirement was never satisfied and the property owner defaulted on the loan. When the lender discovered this, it filed a claim with the title insurer, who denied the claim based on Exclusion 3(b). The lender then filed suit against the title insurer, asserting breach of contract, bad faith, equitable estoppel, negligent misrepresentation and vicarious liability. Read on to find out what happened when the case went before the Colorado Court of Appeals.
TO READ THE FULL STORY
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories